On Wednesday, the ATM was placed by Liberty Teller at Boston's bustling South Station, which sees thousands of commuters a day.

Bitcoin is an open-source currency affiliated with no country or bank, which can be bought and sold anonymously.

Liberty Teller co-founder Kyle Powers said the ATM gives people the chance to learn about the currency.

"There's a lot of interest, a lot of curiosity, so we try to provide a safe, fast and simple way to get and experience Bitcoin," Powers said. "With this kiosk -- somebody can come up to our ATM and have Bitcoin 15 seconds later, then they can go on our site and read tutorials about how exactly to use Bitcoin."

Co-founder Chris Yim said the money can be stored in a virtual wallet and used at an increasing number of online retailers in place of cash or credit cards.

"It's a digital currency, so what a lot of people do is they create a digital wallet or an online wallet and they import their funds. So now I have it on my phone,

now I can access it online, around the world. It's truly digital," Yim said.

But because the Internet currency is still in its infancy, it's uninsured, unregulated and still vulnerable to hackers.

Bitcoin is also prone to severe price volatility. It was worth about $13 last January, peaked at more than $1,200 last year and is now trading at about $650.

The South Station and Albuquerque, N.M., ATMs are believed to be the first in the country.

NOW THE POLICE ARE HING FOR THE AREA FOR CLUES. THIS IS NOT YOUR ORDINARY ATM. IT MAY BE THE FUTURE OF MONEY. IT IS MAKING THE DAY BUT RATING HERE IN BOSTON. NEW AT 11:00 MARY SALADNA IS LIVE WITH A LITTLE MACHINE THAT IS GETTING A LOT OF ATTENTION, MARY? WELL, EDDIE, THIS IS THE FIRST PUBLIC, FULLY-OPERATIONAL ATM KIOSK HERE IN THE U.S. HERE AT SOUTH STATION. ON DAY ONE, IT GOT A LOT OF FOOT TRAFFIC. IF YOU HAVE NEVER UNDERSTOOD IT, SOUTH STATION JUST MAY THE THERE IS NO LEARN. SOMEBODY CAN COME UP TO THE ATM AND HAVE TO GONE THE SITE TO REACH TUTORIALS BUT HO TO YOU USE THIS. KYLE POWER AND CHRIS ARE FORMER WHARTON SCHOOL CLASSMATE AND THE FOUNDERS. THIS IS THEIR FIRST ATM. WHAT IS IT? IT IS THE FIRST DECENTRALIZED DIGITAL CURRENCY. CALL IT INTERNET CASH. IT THESE CHEAPEST CASH. IT IS AS FAST AS A CREDIT CAR. IT IS A DIGITAL CURRENCY. THEY CREATE A DIGITAL WALLET OR ON-LINE WALL THERE AND INPORT THE FUNDS SO NOW I HAVE IT ON THE FEN AND I CAN ACCESS ON-LINEMENT BECAUSE THIS INTERNET CURRENCY IS STILL IN THE INFANCY, IT IS UNINSURED, UNREELING REGULATED, STILL VULNERABLE TO HACKERS AND ALSO WORTH $13 LESS AND ABOVE $1,200 ALSO YEAR AND NOW TRADING AT $650. I HAVE GREAT TREPIDATION ABOUT USING ANYTHING ON THE INTERNET LIKE THAT. ESPECIALLY WHERE I SEE IT POTENTIALLY BEING OFFERED MAYBE AND STOCKS AND OTHER THINGS. LIKE A COMMERCIAL MONEY. BUT A GREG NUMBER OF PEOPLE ARE EMBRACING IT OVER AND WE ARE SEEING RETAILERS SIGN UP, TOO, SUCH AS OVERSTOCK.COM. IT IS A NO-BRAINER FOR THEM BUS THEY CAN TAKE IT WITH 3 TO A% AND LESS THAN 1%. NOW LAST MOVE, A U.S. SENATE COMMITTEE HELD THE FIRST CONGRESSIONAL HEARING ON THE FUTURE OF BIT COIN AND THERE IS A LOT OF INTEREST AS TO THE FUTURE OF BIT KIN AND HOW IT WILL AFFECT INTERNATIONAL FINANCIAL MARKET, COMMERCE AND EVEN CRIME.